HDFC personal loan helps meet all personal requirements, which can be anything from funding a vacation to renovating a house. It comes with quick loan approval and processing followed by quick disbursal of the loan. Competitive personal loan interest rates and convenient repayment options set HDFC Bank personal loan apart from other personal loans. No hidden charges and low processing fees further make their personal loan very popular amongst the people.
A market leader in personal loans, HDFC bank offers personal loans to both salaried and self-employed individuals, ranging from Rs. 50000 to Rs. 15 Lakhs, with flexible loan tenure of 12 to 60 months. The benefits of a personal loan from HDFC Bank are:
- Minimal documentation
- Quick approvals
- Assured Transparence
- Competitive interest rates
HDFC Bank offers one of the lowest interest rate on personal loans. HDFC Bank personal loan interest rates are based on various factors, and range from 11.25% to 18% on a monthly reducing basis.
| Interest Rate | 11.25% – 18% |
| Loan Tenure | 12 to 60 months |
| Loan Amount | 50K – 15 Lacs |
| Processing Fees | Up to 2.00% of the loan amount |
| Pre-payment Charges | 13-24 Months – 4% of Principal Outstanding, 25-36 Months – 3% of Principal Outstanding >36 Months – 2% of Principal Outstanding |